Overseas investment payment and reporting requirements govern resident investments, covering deferred payment, realisation, and reporting. The rule provides that the mode of payment, deferred payment of consideration, reporting, realisation, and other requirements for any investment outside India by a person resident in India shall be as per regulations made by the Reserve Bank under the Act.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Overseas investment payment and reporting requirements govern resident investments, covering deferred payment, realisation, and reporting.
The rule provides that the mode of payment, deferred payment of consideration, reporting, realisation, and other requirements for any investment outside India by a person resident in India shall be as per regulations made by the Reserve Bank under the Act.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.